Offshore services firm Global Marine Group has extended the contract for Solstad Offshore's construction support vessel Normand Clipper.The contract extension is for three years more, with the vessel now expected to stay with Global Marine Group until May 2026…
Offshore energy and marine consultancy AqualisBraemar has completed the acquisition of the marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed AqualisBraemar announced the completion of the transaction on Tuesday…
Tekmar Group, a provider of offshore energy equipment and services, has appointed Alasdair MacDonald as Chief Executive Officer.Alasdair MacDonald was Chairman of Tekmar Energy, a design, engineering, and manufacturing specialist of subsea protection systems for subsea cables…
Norwegian shipbuilder and vessel design group Ulstein announced Tuesday that its CFO Cathrine Kristiseter Marti has been promoted to replace long-serving CEO Gunvor Ulstein, who has decided to step down.Marti will take over as CEO on November 2 after six years as Ulstein Group's CFO…
Shipping, logistics, and marine services provider GAC has teamed up with a Singapore-based start-up to work on the delivery of supplies to vessels and offshore platforms via drones.GAC and the start-up named F-Drones will work to develop large…
pX Group, the Stockton-on-Tees-based provider of energy and industrial solutions, has acquired a majority stake in Aberdeen-based NRG Well Management, a provider of well management services to the oil & gas industry.px Group said Wednesday that…
Integrated marine and subsea solutions provider Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division.The provider of services and solutions for the offshore, subsea and life support industries…
Norwegian offshore and fishing vessel builder Havyard Group said Gunnar Larsen will serve as interim CEO until the group finds a replacement for retiring chief executive Geir Johan Bakke.Bakke has been employed in Havyard Group since 2001, and he has been CEO since 2004…
Israel received bids from two groups of companies to explore for oil and gas off its Mediterranean coast, the Energy Ministry said on Monday.Israel had offered rights to 19 offshore blocks, and said the groups offered to explore in 12 of them…
There is a quiet but confident sense of growing optimism about prospects for the oil and gas market. The industry is now a far cry from 2015’s oil price crash that led to widespread decommissioning and lay-offs. Whilst operators are still facing volatile markets…
Aberdeenshire-based subsea firm Aleron Group said it has acquired electrical drive engineering specialist IMPAQ as part of a plan to expand beyond offshore oil and gas into new markets including military, defense and nuclear industries.“This…
GAC Marine’s branch in Turkmenistan has been awarded two contracts by Petronas Carigali, a subsidiary of Petronas, to provide marine services for its development of the Garagol Deniz West (GDW) oil field.The service provider of full marine transportation…
Søren Kringelholt Nielsen has been appointed as the new CEO of Svanehøj Group, a Danish designer and manufacturer of specialized deep well and in-line pumps for the marine and oil and gas industries.The new cheif executive comes to Svanehøj from Hydratech Industries…
The global marine and offshore vessel management and support services provider V.Group said that its V.Ships Leisure unit has been awarded a contract by Antarctica21 for the technical management of the expedition vessel, Magellan Explorer.The…
French state-owned bank Bpifrance and oil services company TechnipFMC have filed a complaint against Naval Group for willful misrepresentation, a source close to the matter told Reuters, confirming a story in Challenges magazine.The complaint…